BOSTON--(BUSINESS WIRE)--Aug. 5, 2009--
Iron
Mountain Incorporated (NYSE:IRM) announced today a proposed public
offering of $450 million in aggregate principal amount of Senior
Subordinated Notes due 2021. The Company intends to use the net proceeds
from the offering together with other available funds for the redemption
of all its outstanding 8-5/8% Senior Subordinated Notes due 2013, the
possible repayment, repurchase or retirement of other indebtedness and
for general corporate purposes, including potential future acquisitions
and investments. The exact terms and timing of the offering will depend
upon market conditions and other factors.
Barclays Capital Inc., Banc of America Securities LLC, J.P. Morgan
Securities Inc., and Scotia Capital (USA) Inc. are joint book-running
managers for the offering.
Iron Mountain Incorporated is making the offering under a shelf
registration statement previously declared effective by the Securities
and Exchange Commission. This offering will be made solely by means of a
prospectus. A copy of the prospectus supplement and related base
prospectus for the offering may be obtained on the SEC Web site at www.sec.gov.
Alternatively, the underwriters will arrange to send you the prospectus
supplement and related base prospectus if you request them by contacting
Barclays Capital Prospectus Department, c/o Broadridge Integrated
Services at 1155 Long Island Avenue, Edgewood, New York, 11717, emailing barclaysprospectus@broadridge.com
or calling 1-888-603-5847.
This announcement shall not constitute an offer to sell or the
solicitation of an offer to buy securities, nor shall there be any sale
of these securities in any state or other jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction. This announcement does not constitute a notice of
redemption of the 8-5/8% notes referred to above.
About Iron Mountain
Iron Mountain Incorporated (NYSE:IRM) helps organizations around the
world reduce the costs and risks associated with information protection
and storage. The Company offers comprehensive records management and
data protection solutions, along with the expertise and experience to
address complex information challenges such as rising storage costs,
litigation, regulatory compliance and disaster recovery. Founded in
1951, Iron Mountain is a trusted partner to more than 120,000 corporate
clients throughout North America, Europe, Latin America and Asia
Pacific. For more information, visit the Company’s Web site at www.ironmountain.com.
Source: Iron Mountain Incorporated
Iron Mountain Incorporated
Stephen P. Golden, 617-535-4766
Vice
President, Investor Relations
sgolden@ironmountain.com